I think all people from Penang should know this man or company - Oriental Holdings Berhad owned by the late Loh Boon Siew.
But it's hardly heard of in other region.

Why Hidden GEM??
1)Most land bank valued during 1976 and 1978. and BSG Property have the LARGEST lank bank in Penang, current NTA RM6.98.
(Imagine what would the NTA be when those land are revalued. Yes, possibly another KEK SENG)
2)BSG Property, a reputable developer.
3)Cash (RM2.8billion) more than market cap.
4)At 52 weeks low due to disposal of EPF lately.
5)Dividend 2 times per year (although amount not high compared to the amount paid as dividend vs cash and net profit)
6)Palm Oil Plantation sector is going very well, lank of plantation is larger than IJM plantation.

Only for long term investment!!

"A holding of 1,000 stocks in Oriental when it was listed in 1964 would translate into 48,306 Oriental stocks
worth RM270,030, based on the share price of RM5.59 at the end of 2010. In addition, the stocks would have
earned a total gross dividend of RM152,478. The gross dividends received and the appreciation in value is
equivalent to a remarkable average rate of return of 13.73% for each of the 47 years.“

and ALL Honda cars in Singapore and Brunei are distributed by them.
And they distribute ALL Honda motorcycles for sale in Malaysia to 50% owned JV with Honda Japan.

why they are off the radar is because before that they distribute all Honda cars in Malaysia but after that Hicom grab that distributorship from them.
hence making them no longer in the radar of automotive sector.
Again!
NOT FOR PUNTERS, SUITABLE FOR LONG TERM PLAY.

but they did expand their business, here in Penang...
for example their property division is building a few new condominiums and launching of a lot of new residential projects, and building hospital in Melaka as well as expanding their oil palm plantation in Indonesia...
however, undeniably these are kind of growth are conservative act and they are really resilient in using their cash pile...

what i hoped for investing in company like this is that they will eventually unlock their company's full value by listing their division 1 by 1, just like what Vincent Tan did...
if you check back the history, in the 90's, when the founder dead and his daughter take over the company, the share price did soared, as investors anticipate unlocking of company's value, but unfortunately, she did not do so.
now she is almost at her age of retirement and there will be the 3rd generation taking over this company...
and history might repeat itself...

Anyhow, the ultimate reason i love this company is because i like to buy a hidden gem at a bargain!!
rather than a shiny gem at a sky rocketed price...
as of now the cash pile is almost RM2.8 billion...and the market cap is just less than the cash pile..
i believe that buy and hold strategy will reward me greatly in this company...

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Added on December 1, 2011, 10:50 pm
those rumors are true...
sometime ago some chinese newspaper did mention Loh buy lots of Langkawi's land before Langkawi was declared as duty free island and hence had made a lot of fortune from it ...
their flagship hotel chain Bayview Hotel is in Penang, Melaka and Langkawi.
and from the annual report, you can see that they held large pile of land all around the area where there is a Bayview Hotel.
so the rumor are true...

the only problem is that whether those land are placed under Oriental of their majority shareholder Boon Siew Group?